data as of
Settings8H · net · $10k
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Price arb /

BNB

all BNB markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$294
spread now+0.011%7d average+0.074%fees + slippage, in and out−$288spread needed2.876%
Long on gTrade (Gains Network)Short on Phemex
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD804.52L +0.0008% / S −0.0008%pay 0.0001% / 1h49m 50s$9.8M—150x
ShortPhemex BNBUSDT804.610.0092get 0.0092% / 8h49m 50s$70.9M$52.4M50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$1.13
Funding while held
$2.51
Slippage, 4 orders
−$265.63
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$283.98
Spread needed to break even
2.876%
Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Phemex: live order book, 6 min ago.

Cost of waiting

funding view
Funding /8h
+0.0084%
Per $10,000 a day
+$2.51
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) virtual book (oracle venue), 1 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
Sell Phemex live order book, 6 min ago0.06 bp11.5 bp −$1213.0 bp −$13019.2 bp −$1,924doesn't fit

BNB price on every exchange

against the cheapest. Click to use as the short leg.
Injective798.65cheapestHibachi800.05+0.175%edgeX800.12+0.184%Phoenix800.33+0.210%Variational Omni800.35+0.213%ApeX Omni800.62+0.247%Bulk801.10+0.307%StandX801.98+0.417%Bitget803.09+0.556%Extended803.14+0.563%BloFin803.18+0.567%KuCoin803.41+0.596%Gate803.60+0.620%Bybit803.80+0.645%OKX803.80+0.645%BingX803.86+0.652%Derive803.92+0.660%Reya804.02+0.672%dYdX804.04+0.675%GMX804.18+0.693%HTX804.23+0.698%Nado804.25+0.701%Polymarket Perps804.31+0.709%Pacifica804.35+0.713%Kraken Futures804.37+0.716%Kalshi804.40+0.720%Binance804.47+0.729%
gTrade (Gains Network)804.52+0.735%
Phemex804.61+0.746%
Aster804.67+0.754%Coinbase International804.69+0.756%Arcus804.70+0.758%RISEx804.70+0.758%Lighter804.74+0.763%SoDEX804.80+0.770%Aevo804.85+0.776%Paradex804.91+0.784%Hyperliquid804.94+0.788%Hotstuff804.95+0.789%Backpack805.05+0.801%01 Exchange805.07+0.804%Orderly805.08+0.805%SunX805.16+0.815%MEXC805.20+0.820%Deribit805.27+0.828%

BNB on 45 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective BNB/USDC PERP−0.730%+0.0306%1h$19K$620K30xas long as short
Hibachi BNB/USDT-P−0.556%+0.0480%1h$71K$41K12xas long as short
edgeX BNBUSDC−0.547%+0.0100%4h$4.2M$69.9M30xas long as short
Phoenix BNB−0.521%+0.0172%1h$171K$30K10xas long as short
Variational Omni BNB−0.518%+0.0022%8h$4.2M$6.3M—as long as short
ApeX Omni BNBUSDT−0.485%+0.0100%1h$171K$422K50xas long as short
Bulk BNB-USD−0.425%+0.0441%1h$637K$94K10xas long as short
StandX BNB-USD−0.316%0.0000%1h$867K$3.4M30xas long as short
Bitget BNBUSDT−0.178%+0.0100%8h$77.4M$22.6M75xas long as short
Extended BNB-USD−0.171%+0.0104%1h$1.9M$6.1M50xas long as short
Show all 45 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin BNB-USDT−0.166%+0.0225%8h$19.3M$2.9M75xas long as short
KuCoin BNBUSDTM−0.138%+0.0100%8h$28.1M$10.3M75xas long as short
Gate BNB_USDT−0.114%+0.0100%8h$36.4M$55.6M75xas long as short
Bybit BNBUSDT−0.089%+0.0047%8h$139.7M$85.2M75xas long as short
OKX BNB-USDT-SWAP−0.089%+0.0100%8h$53.9M$106.5M50xas long as short
BingX BNB-USDT−0.082%+0.0034%8h—$33.0M—as long as short
Derive BNB-PERP−0.074%+0.0100%1h$32K$5K10xas long as short
Reya BNBRUSDPERP−0.062%+0.0326%1h$9K—40xas long as short
dYdX BNB-USD−0.059%+0.0650%1h$174K$54K10xas long as short
GMX BNB/USD [WBTC.b-USDC]−0.042%L +0.0034% / S +0.0173%1h$54K—200xas long as short
HTX BNB-USDT−0.036%+0.0100%8h$8.2M$4.7M75xas long as short
Nado BNB-PERP−0.033%+0.0100%1h$1.5M$2.9M20xas long as short
Polymarket Perps BNB-USD−0.026%+0.0100%1h$105K$851K10xas long as short
Pacifica BNB−0.021%+0.0100%1h$1.2M$868K20xas long as short
Kraken Futures PF_BNBUSD−0.018%+0.0587%1h$2.5M$799K50xas long as short
Kalshi KXBNBPERP−0.015%0.0000%8h$165K$2.5M4.8xas long as short
Binance BNBUSDT−0.006%+0.0107%8h$521.4M$755.8M75xas long as short
gTrade (Gains Network) BNB/USDlong0.000%L +0.0008% / S −0.0008%1h$9.8M—150x
Phemex BNBUSDTshort+0.011%+0.0092%8h$70.9M$52.4M50x
Aster BNBUSDT+0.019%+0.0116%8h$6.2M$19.1M200xas long as short
Coinbase International BNB-PERP-INTX+0.021%+0.0072%1h$606K$872K50xas long as short
Arcus BNB-USD+0.022%+0.0100%1h$52K$238K10xas long as short
RISEx BNB/USDC+0.023%+0.0202%1h$1.2M$1.5M20xas long as short
Lighter BNB+0.028%+0.0096%1h$2.7M$3.1M20xas long as short
SoDEX BNB-USD+0.035%+0.0299%1h$396K$1.0M10xas long as short
Aevo BNB-PERP+0.041%+0.0104%1h$387K$37K10xas long as short
Paradex BNB-USD-PERP+0.049%+0.0100%8h$84K$636K50xas long as short
Hyperliquid BNB+0.052%+0.0459%1h$51.0M$20.1M10xas long as short
Hotstuff BNB-PERP+0.054%−0.0080%1h$4K$1K25xas long as short
Backpack BNB_USDC_PERP+0.066%+0.0573%1h$2.7M$2.3M40xas long as short
01 Exchange BNBUSD+0.068%+0.0344%1h$28K$1K10xas long as short
Orderly PERP_BNB_USDC+0.070%+0.0100%8h$301K$645K50xas long as short
SunX BNB-USDT+0.079%+0.0100%8h$13K$1.7M50xas long as short
MEXC BNB_USDT+0.085%+0.0104%8h$84.7M$15.3M200xas long as short
Deribit BNB_USDC-PERPETUAL+0.093%+0.0200%1h$1.6M$155K25xas long as short